Business

FBN Holdings names Nnamdi Okonkwo as new boss

FBN Holdings Plc, the holding company of First Bank Nigeria Limited, has announced the appointment of Mr. Nnamdi Okonkwo as its new Group Managing Director. Mr. Okonkwo, the immediate-past Chief Executive Officer of Fidelity Bank Plc, will assume office with…

Assembly approves N28.7bn loan for Sokoto Govt

Sokoto State House of Assembly, on Tuesday, approved Gov. Aminu Tambuwal’s request to access two loan facilities worth N28.7 billion for the state. The  development followed the consideration of the two letters sent to the Assembly by the governor by the…

UBA reports 36.5% increase in profit to N123.4bn

By Kayode Tokede United Bank for Africa Plc (UBA) has announced an increase of 36.5 per cent in profit before tax to N123.35billion recorded in nine months ended September 30, 2021 unaudited result and accounts as from N90.37billion recorded in…